During the last session, Xometry Inc (NASDAQ:XMTR)’s traded shares were 0.56 million, with the beta value of the company hitting 0.83. At the end of the trading day, the stock’s price was $34.76, reflecting an intraday gain of 0.03% or $0.01. The 52-week high for the XMTR share is $38.74, that puts it down -11.45 from that peak though still a striking 68.12% gain since the share price plummeted to a 52-week low of $11.08. The company’s market capitalization is $1.72B, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 482.80K shares over the past three months.
Xometry Inc (XMTR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.10. XMTR has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.03.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Xometry Inc (NASDAQ:XMTR) trade information
Xometry Inc (XMTR) registered a 0.03% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.03% in intraday trading to $34.76, hitting a weekly high. The stock’s 5-day price performance is 8.56%, and it has moved by 12.31% in 30 days. Based on these gigs, the overall price performance for the year is 36.15%. The short interest in Xometry Inc (NASDAQ:XMTR) is 4.11 million shares and it means that shorts have 6.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $30, which implies a decrease of -15.87% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $32 respectively. As a result, XMTR is trading at a premium of 7.94% off the target high and 19.45% off the low.
Xometry Inc (XMTR) estimates and forecasts
Statistics show that Xometry Inc has outperformed its competitors in share price, compared to the industry in which it operates. Xometry Inc (XMTR) shares have gone up 174.35% during the last six months, with a year-to-date growth rate more than the industry average at 70.00% against 4.40. In the rating firms’ projections, revenue will increase 17.25% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 146.38M as predicted by 10 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 150.25M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 128.15M and 122.69M respectively. In this case, analysts expect current quarter sales to grow by 14.23% and then jump by 22.47% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -19.14%. While earnings are projected to return 79.39% in 2024.
XMTR Dividends
Xometry Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Xometry Inc (NASDAQ:XMTR)’s Major holders
Xometry Inc insiders own 10.18% of total outstanding shares while institutional holders control 100.89%, with the float percentage being 112.33%. PRIMECAP MANAGEMENT CO/CA/ is the largest shareholder of the company, while 193.0 institutions own stock in it. As of 2024-06-30, the company held over 6.8 million shares (or 14.0084% of all shares), a total value of $78.67 million in shares.
The next largest institutional holding, with 6.02 million shares, is of EVENTIDE ASSET MANAGEMENT, LLC’s that is approximately 12.3936% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $69.6 million.